New Dimension Confirms Gold Zone in Amador Canyon, Nevada
September 15 2010 - 8:00AM
Marketwired Canada
New Dimension Resources Ltd. (TSX VENTURE:NDR) (the "Company" or "New
Dimension") announces that a mapping and sampling program has recently been
completed at Amador Canyon, Nevada. The program was successful in confirming
that a potentially significant gold zone exists in Amador Canyon and further
exploration is warranted.
Fifteen rock samples were taken in the recent program. Results, highlighted by
values of 4.330 g/t and 1.885 g/t gold are listed in the following table.
-------------------------------------- ------------------------------------
Sample Gold Silver Sample Gold Silver
Number Type (g/t) (g/t) Number Type (g/t) (g/t)
-------------------------------------- ------------------------------------
300351 Rock Chip, Point less 0.3 300359 Dump, Grab 0.407 5.7
than
0.005
300352 Rock Chip, Point 4.330 19.4 300360 Dump, Grab 0.014 0.8
300353 Rock Chip, Point 0.012 less 300361 Rock Chip, Point less less
than than than
0.2 0.005 0.2
300354 Rock Chip, Point 0.028 0.8 300362 Rock Chip, Point less less
than than
0.005 0.2
300355 Rock Chip, Point 0.062 4.3 300363 Rock Chip, Point less less
than than
0.005 0.2
300356 Rock Chip, Point less less 300364 Rock, Float less less
than than than than
0.005 0.2 0.005 0.2
300357 Dump, Grab 1.885 5.6 300365 Rock, Float less less
than than
0.005 0.2
300358 Dump, Grab less 0.5
than
0.005
-------------------------------------- ------------------------------------
Please click on the following link to view a map showing the sample locations.
http://www.newdimensionresources.com/i/images/reese/2010-09-13_Reese_River_Rock_Chip.jpg
Amador Canyon is extensively covered by overburden with very little outcrop, and
sampling has been restricted to small occurrences of siltstone and sandstone
with weak silification and quartz veining. Samples were taken in an area where
two surface samples taken in 2007 reported assays of 10.30 g/t and 6.04 g/t
gold, respectively. The recent sampling, coupled with the previous work provides
evidence that the Gold Zone has consistent and distinctively anomalous gold
geochemistry that is clearly different from that associated with the previously
known silver mineralization in Amador Canyon.
The Gold Zone is highly anomalous in gold, arsenic and antimony while silver
mineralization is anomalous in lead and zinc. Alteration is also distinctive
within the gold zone with strong carbon alteration and moderate illite, which
does not exist in the silver zone as seen in past drilling. Although the Company
drilled two holes in this area in 2009 which intersected significant alteration
associated with anomalous silver values, it is likely that their orientation to
the west could have missed the Gold Zone.
The Gold Zone, which now measures at least 75 metres by 50 metres on surface,
remains open in all directions and represents an exploration target that
warrants further evaluation.
Amador Canyon, located 5 kilometres north of Austin Nevada, was until recently
part of the Company's much larger Reese River Project, which had been targeted
towards silver exploration. The Company has terminated its option on the
majority of the Reese River claims, but New Dimension retains the right to
obtain full ownership in the majority of the Amador Canyon claims.
The technical information in this news release has been prepared in accordance
with Canadian regulatory requirements set out in National Instrument 43-101 and
reviewed by Fred Hewett the Company's President & CEO, a director and a
Qualified Person under NI 43-101
ON BEHALF OF THE BOARD
NEW DIMENSION RESOURCES LTD.
Fred G. Hewett, P.Eng., President & CEO
This news release may contain forward looking statements which are not
historical facts, such as anticipated mineral title grants, resource estimates,
or discussions of goals, potential mineralization and exploration results, and
involves a number of risks and uncertainties that could cause actual results to
differ materially from those projected. These risks and uncertainties include,
but are not limited to, the risk mineral title to additional concessions may not
be granted, assumptions underlying resource estimates not being realized, ,
geological factors and exploration results that do not reflect the prospectively
of the concessions. See New Dimension's filings for a more detailed discussion
of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
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